The former chief executive of Freddie Mac, Leland C. Brendsel, may recover more than $50 million in compensation that the companys regulator froze during an inquiry into a profit restatement, a judge has ruled.

The federal regulator of Freddie Mac, the second-biggest source of United States mortgage financing, was sued by the former chief executive, Leland C. Brendsel, for refusing to pay more than $50 million in severance payments. Mr. Brendsel's suit...

Federal regulators took a step yesterday toward forcing two top former Freddie Mac executives to forfeit millions of dollars in benefits, asserting that they should not receive severance and bonuses because they played a role in improper manipulation...

Federal regulators released a scathing report Wednesday on the corporate culture that fostered improper accounting at Freddie Mac, the same day that they announced that the company had agreed to pay a $125 million penalty and to take measures to...

The field is beginning to narrow in Freddie Mac's search for a chief executive. At an informal news briefing yesterday, Robert B. Zoellick, the United States trade representative, said in response to a question that he was being courted by the...

Federal regulators proposed yesterday that the board of Freddie Mac treat two top executives who left the company in June as if they were fired, a move that would strip them of more than $50 million in severance and other benefits. If the board...

The board of Freddie Mac decided to promote Gregory Parseghian to chief executive last month even though it had already been briefed on his role in transactions that an outside investigation called into question. Lawyers at Baker Botts, the law...

David W. Glenn contributed to a corporate culture that prized steady earnings growth at Freddie Mac and authorized erroneous accounting techniques to achieve that goal, according to a report released yesterday by the company. Mr. Glenn, described...

Until last week, most Americans familiar with Freddie Mac or Fannie Mae probably had a vague image of benevolent government agencies helping young couples get their first mortgages. But after Freddie Mac replaced its top management, it became clear...

Regulators and lawmakers criticized Freddie Mac, the second-largest financier of home mortgages, yesterday after the company disclosed that its former chief executive would receive a $24 million severance package. And John W. Snow, the Treasury...